It is hard to explain how satisfying the financial year was for 2023. After the dire predictions of Wall Street for recession and a down […]
Stock Market Rally – A Conundrum Between What You Hear From the Media and What You See in Real Life
For the last two months, the Standard and Poor’s 500 Stock Index was up 14.1% yet you do not read much about that rally in […]
Locked and Loaded…
Picture this: $15,000 sitting in a checking account earning 0.40% APY. Meanwhile, a coworker opened a 12-month CD last month at 4.65% and is set […]
There is a saying, “Economic expansions do not die of old age: they are murdered by the Federal Reserve.”
Astonishingly, the U.S. economy has been so resilient for almost the last two years. Going into 2022, it was almost a unanimous consensus by all […]
Are we finally going to talk ourselves into a recession?
Since the beginning of 2022, all the talk you hear in the financial press is about the upcoming recession. Many forecasts predicted we would have […]
Unemployment rate falls to the lowest level since 1969 – a 53-year low. Do we have to destroy the economy in order to fix it?
The title of this posting sums up my views regarding how there could there be a recession this year with virtually everyone who wants to […]
Do you believe Powell will eliminate 10 million American jobs? I don’t!
I have been overwhelmed with questions regarding the economy and what has been going on with the stock market over the last month and I […]
Why Neither Candidate Can Solve the U.S. Housing Crisis
Consider this: in over half of all U.S. counties, someone earning the median income cannot afford the median-priced home. That’s not just a statistic; it’s […]
The Weirdest Diversions of Economic Reality vs. Market Performance of All Time
I know it is unbearably painful to watch the stock market negatively perform most days. However, for the 50 years that I have been invested, […]
Are we in a recession?
Did you know that the average American household carries over $100,000 in debt, a figure that often rises sharply just before or during an economic […]